Roadzen issues $2.3M convertible notes at 16% interest and $2.00 conversion price

Roadzen Inc.

Junior convertible notes for up to $2,300,000 principal; gross proceeds $2,000,000 before fees.
Interest 16% p.a. (18% on default); maturity one year from April 1, 2025.
Conversion price $2.00 per ordinary share; 4.99% beneficial ownership cap (adjustable to 9.99% after 61 days).
Quarterly principal payments of 25% (less conversions) beginning 3 months after issuance.
ThinkEquity LLC serves as placement agent with 3.5% fee on gross proceeds.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.